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Origin Enterprises (LSE:OGN) Return-on-Tangible-Equity : -7.43% (As of Jan. 2024)


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What is Origin Enterprises Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Origin Enterprises's annualized net income for the quarter that ended in Jan. 2024 was €-7 Mil. Origin Enterprises's average shareholder tangible equity for the quarter that ended in Jan. 2024 was €94 Mil. Therefore, Origin Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -7.43%.

The historical rank and industry rank for Origin Enterprises's Return-on-Tangible-Equity or its related term are showing as below:

LSE:OGN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.28   Med: 55.8   Max: 79.84
Current: 44.21

During the past 13 years, Origin Enterprises's highest Return-on-Tangible-Equity was 79.84%. The lowest was 26.28%. And the median was 55.80%.

LSE:OGN's Return-on-Tangible-Equity is ranked better than
91.17% of 1789 companies
in the Consumer Packaged Goods industry
Industry Median: 7.46 vs LSE:OGN: 44.21

Origin Enterprises Return-on-Tangible-Equity Historical Data

The historical data trend for Origin Enterprises's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Origin Enterprises Return-on-Tangible-Equity Chart

Origin Enterprises Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.89 26.28 40.47 60.68 39.04

Origin Enterprises Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.06 112.45 6.50 86.19 -7.43

Competitive Comparison of Origin Enterprises's Return-on-Tangible-Equity

For the Farm Products subindustry, Origin Enterprises's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Origin Enterprises's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Origin Enterprises's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Origin Enterprises's Return-on-Tangible-Equity falls into.



Origin Enterprises Return-on-Tangible-Equity Calculation

Origin Enterprises's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=51.032/( (150.778+110.687 )/ 2 )
=51.032/130.7325
=39.04 %

Origin Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Jul. 2023 )(Q: Jan. 2024 )
=-6.968/( (110.687+76.833)/ 2 )
=-6.968/93.76
=-7.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Origin Enterprises  (LSE:OGN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Origin Enterprises Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Origin Enterprises's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Origin Enterprises (LSE:OGN) Business Description

Traded in Other Exchanges
Address
4-6 Riverwalk, Citywest Business Campus, Dublin, IRL, 24
Origin Enterprises PLC is an agri-service business with operations throughout Europe. It provides technologies and strategic products to support food production systems for primary food producers. The company acts as an advisor for varietal selection, nutrition, crop protection, and other techniques to improve crop performance. Fertilizers, animal feed, seeds, and other agricultural supplements are sold to enhance farming productivity. It delivers products to farms from local distribution centers, and agronomists study the timing of applications to achieve the best results for customers. Farm visitations happen throughout each year, and soil and tissue analysis is conducted to either stop deficiencies or prevent future occurrences.